Lloyd’s Register to support South Korea’s nuclear power best practice

Lloyd’s Register is to provide Korea Hydro & Nuclear Power (KHNP) with a comprehensive suite of independent third-party verification services to assess the company’s nuclear safety equipment. The global nuclear industry is growing more complex as the demand for cleaner energy is increasing worldwide. ‘Some 430 nuclear power plants are expected to be constructed around the world by 2030, so the demand for safe and sustainable energy supply and the introduction of enhanced nuclear reactor designs and plant technology is driving change,’ reports Lloyd’s Register. ‘South Korea’s aim is to become one of the world’s largest exporters of civil nuclear reactor designs and associated fuel cycle services.’

 

The building of new nuclear plant anywhere in the world comes under close scrutiny to achieve best-in-industry fail-safe operations in order to provide that assurance to communities and the wider world. South Korea is one of the leading countries involved in active construction and operation of nuclear power plants globally. It is a nuclear power producer with a capacity of 20,716 MW, which is the fifth largest in the world. It operated 23 nuclear power units as of 2013, with five more under construction. The Asia-Pacific country plans to build another 10 nuclear power plants by 2030.